Common use of Outside Business Clause in Contracts

Outside Business. The Undersigned Member or any Manager or any affiliate thereof may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the business of the Company, and the Company shall have no rights by virtue of this Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the business of the Company, shall not be deemed wrongful or improper. The Undersigned Member or any Manager or any affiliate thereof shall not be obligated to present any particular investment opportunity to the Company even if such opportunity is of a character that, if presented to the Company, could be taken by the Company, and the Undersigned Member or any Manager or any affiliate thereof shall have the right to take for its own account (individually or as a partner, shareholder, fiduciary, or otherwise) or to recommend to others any such particular investment opportunity.

Outside Business. The Undersigned Member or any Manager or any affiliate Affiliate thereof may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the business of the Company, and the Company and the Undersigned Member shall have no rights by virtue of this Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the business of the Company, shall not be deemed wrongful or improper. The Undersigned Member or any Manager or any affiliate Affiliate thereof shall not be obligated to present any particular investment opportunity to the Company even if such opportunity is of a character that, if presented to the Company, could be taken by the Company, and the Undersigned Member or any Manager or any affiliate Affiliate thereof shall have the right to take for its own account (individually or as a partner, shareholder, fiduciary, fiduciary or otherwise) or to recommend to others any such particular investment opportunity.

Outside Business. The Undersigned Member or any Manager Member, Managers or any affiliate thereof may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the business of the Company, and the Company and the Member shall have no rights by virtue of this Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the business of the Company, shall not be deemed wrongful or improper. The Undersigned Member or any No Member, Manager or any affiliate thereof shall not be obligated to present any particular investment opportunity to the Company even if such opportunity is of a character that, if presented to the Company, could be taken by the Company, Company and the Undersigned Member or any Member, Manager or any affiliate thereof shall have the right to take for its own account (individually or as a partner, shareholder, fiduciary, fiduciary or otherwise) or to recommend to others any such particular investment opportunity.

Outside Business. The Undersigned Member or any Manager or any affiliate thereof of its Affiliates may engage in or possess an interest in other any business ventures venture of any nature or description, independently or with others, similar or dissimilar to the business of the CompanyCompany or any Series, and the Company or any Series shall have no rights by virtue of this Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the business of the Company, shall not be deemed wrongful or improper. The Undersigned Member or any Manager or any affiliate thereof of its Affiliates shall not be obligated to present any particular investment opportunity to the Company even if such opportunity is of a character that, if presented to the Company, could be taken by the Company, and the Undersigned Member or any Manager or any affiliate thereof of its Affiliate shall have the right to take for its own account (individually or as a partner, shareholder, fiduciary, fiduciary or otherwise) or to recommend to others any such particular investment opportunity.